Negative policy interest rates and exchange rate behavior: Further results

John Thornton; Chrysovalantis Vasilakis

doi:10.1016/j.frl.2019.03.023

Negative policy interest rates and exchange rate behavior: Further results

Ysgol Busnes Albert Gubay

Allbwn ymchwil: Cyfraniad at gyfnodolyn › Erthygl › adolygiad gan gymheiriaid

151 Wedi eu Llwytho i Lawr (Pure)

Crynodeb

Since 2012, seven central banks sought have additional monetary policy accommodation through the adoption of negative policy interest rates (NPIR). The policy resulted in a significant reduction in exchange rate volatility and weaker exchange rates in NIRP-adopter countries relative countries that did not adopt the policy.

Iaith wreiddiol	Saesneg
Tudalennau (o-i)	61-67
Cyfnodolyn	Finance Research Letters
Cyfrol	29
Dyddiad ar-lein cynnar	12 Maw 2019
Dynodwyr Gwrthrych Digidol (DOIs)	https://doi.org/10.1016/j.frl.2019.03.023
Statws	Cyhoeddwyd - Meh 2019

Mynediad at Ddogfen

10.1016/j.frl.2019.03.023

2019-Negative policy interest rates and exchange rate behaviorLlawysgrif awdur wedi’i dderbyn, 690 KBTrwydded: CC BY-NC-ND

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title = "Negative policy interest rates and exchange rate behavior: Further results",

abstract = "Since 2012, seven central banks sought have additional monetary policy accommodation through the adoption of negative policy interest rates (NPIR). The policy resulted in a significant reduction in exchange rate volatility and weaker exchange rates in NIRP-adopter countries relative countries that did not adopt the policy. ",

keywords = "Difference in difference estimation, Exchange rate behavior, Negative policy interest rates",

author = "John Thornton and Chrysovalantis Vasilakis",

year = "2019",

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doi = "10.1016/j.frl.2019.03.023",

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volume = "29",

pages = "61--67",

journal = "Finance Research Letters",

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AU - Vasilakis, Chrysovalantis

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AB - Since 2012, seven central banks sought have additional monetary policy accommodation through the adoption of negative policy interest rates (NPIR). The policy resulted in a significant reduction in exchange rate volatility and weaker exchange rates in NIRP-adopter countries relative countries that did not adopt the policy.

KW - Difference in difference estimation

KW - Exchange rate behavior

KW - Negative policy interest rates

U2 - 10.1016/j.frl.2019.03.023

DO - 10.1016/j.frl.2019.03.023

M3 - Article

SN - 1544-6123

VL - 29

SP - 61

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JO - Finance Research Letters

JF - Finance Research Letters

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Negative policy interest rates and exchange rate behavior: Further results

Crynodeb

Mynediad at Ddogfen

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